Well that depends how much coins you actually hold I would say.With the actual price per BTC you should definitely own 1000+ coins to call yourself wealthy or rich.If you are one of the lucky guys who is having that much coins I congratulate you.If not, well keep working on it, as we all do right?!

how many btc do i need to have in order to be a part of this elite club

I think that at the time of Op, there were quite a few people who owned 10k BTC and more because it would only cost a grand or less to accomplish such holdings.

Sure, over time the amount of coins is going to change and feeling wealthy is kind of relative, but probably, a person needs to minimally attempt to acquire 10 BTC at this price point.. and, yeah, if you can acquire 100 or more BTC at this point, you will likely be in decent shape in the future.

I don't really recommend investing balls to the walls, but if you are newbie getting into bitcoin now, then maybe you could front load a bit and then buy on dips and sell very small amounts on rises while keeping in mind that your goal is to attempt to accumulate as many coins as you can within your own budget. By the way, I also don't believe in leveraging or borrowing in order to achieve such goals, but it could work out well in certain scenarios, even though it remains a fairly risky proposition (to leverage your BTC investment).

So, maybe newbies could target 10BTC to 100BTC, and just attempt to be reasonable in your acquisition and accumulation process.

Of course, perspectives and approaches are going to vary, so each of us has to find his/her own comfort level in this regard.

Well that depends how much coins you actually hold I would say.With the actual price per BTC you should definitely own 1000+ coins to call yourself wealthy or rich.If you are one of the lucky guys who is having that much coins I congratulate you.If not, well keep working on it, as we all do right?!

Yes to become wealthy and rich with bitcoin you really need to hold high number of coins and than only you can become rich with it as price has not reached in millions yet.

Well that depends how much coins you actually hold I would say.With the actual price per BTC you should definitely own 1000+ coins to call yourself wealthy or rich.If you are one of the lucky guys who is having that much coins I congratulate you.If not, well keep working on it, as we all do right?!

You don't necessarily need to own 1000+ coins to call yourself rich because it actually depends on where you live. In America, holding on to just 1 makes you richer than nearly 30%+ of their population. In here, holding 1btc makes you one of the upper half status.

Well that depends how much coins you actually hold I would say.With the actual price per BTC you should definitely own 1000+ coins to call yourself wealthy or rich.If you are one of the lucky guys who is having that much coins I congratulate you.If not, well keep working on it, as we all do right?!

You don't necessarily need to own 1000+ coins to call yourself rich because it actually depends on where you live. In America, holding on to just 1 makes you richer than nearly 30%+ of their population. In here, holding 1btc makes you one of the upper half status.

Exactly it depends on in which country you are living, what is the cost of living, and in some countries even 10 btc can take best care of you and your lifestyle.

how many btc do i need to have in order to be a part of this elite club

I think that at the time of Op, there were quite a few people who owned 10k BTC and more because it would only cost a grand or less to accomplish such holdings.

Sure, over time the amount of coins is going to change and feeling wealthy is kind of relative, but probably, a person needs to minimally attempt to acquire 10 BTC at this price point.. and, yeah, if you can acquire 100 or more BTC at this point, you will likely be in decent shape in the future.

I don't really recommend investing balls to the walls, but if you are newbie getting into bitcoin now, then maybe you could front load a bit and then buy on dips and sell very small amounts on rises while keeping in mind that your goal is to attempt to accumulate as many coins as you can within your own budget. By the way, I also don't believe in leveraging or borrowing in order to achieve such goals, but it could work out well in certain scenarios, even though it remains a fairly risky proposition (to leverage your BTC investment).

So, maybe newbies could target 10BTC to 100BTC, and just attempt to be reasonable in your acquisition and accumulation process.

Of course, perspectives and approaches are going to vary, so each of us has to find his/her own comfort level in this regard.

Yeah, I mean I wouldn't just go about this all willy nilly and say that it is a guaranteed type of thing to end up being a wealthy person from such a big time investment (I don't care what people on here say, but $1K+ investments are big money)... I know people hit it big and technically they have a lot of money holding in btc, but to say that someone should at least invest $7K to feel good about their holdings is pretty ludicrous... I guess I've just grown up poor and know what it's like not having much to throw around.

But yeah I agree, different perspectives and approaches to certain things for everyone.

how many btc do i need to have in order to be a part of this elite club

I think that at the time of Op, there were quite a few people who owned 10k BTC and more because it would only cost a grand or less to accomplish such holdings.

Sure, over time the amount of coins is going to change and feeling wealthy is kind of relative, but probably, a person needs to minimally attempt to acquire 10 BTC at this price point.. and, yeah, if you can acquire 100 or more BTC at this point, you will likely be in decent shape in the future.

I don't really recommend investing balls to the walls, but if you are newbie getting into bitcoin now, then maybe you could front load a bit and then buy on dips and sell very small amounts on rises while keeping in mind that your goal is to attempt to accumulate as many coins as you can within your own budget. By the way, I also don't believe in leveraging or borrowing in order to achieve such goals, but it could work out well in certain scenarios, even though it remains a fairly risky proposition (to leverage your BTC investment).

So, maybe newbies could target 10BTC to 100BTC, and just attempt to be reasonable in your acquisition and accumulation process.

Of course, perspectives and approaches are going to vary, so each of us has to find his/her own comfort level in this regard.

Yeah, I mean I wouldn't just go about this all willy nilly and say that it is a guaranteed type of thing to end up being a wealthy person from such a big time investment (I don't care what people on here say, but $1K+ investments are big money)... I know people hit it big and technically they have a lot of money holding in btc, but to say that someone should at least invest $7K to feel good about their holdings is pretty ludicrous... I guess I've just grown up poor and know what it's like not having much to throw around.

But yeah I agree, different perspectives and approaches to certain things for everyone.

I'm not trying to denigrate anyone's perspective regarding what is good for them; however, there is a certain kind of connotation that goes with being "new wealthy elite, gentlemen" Of course, if the price goes up 1,000x or more, then smaller investments are going to make someone considerably well off.

Nonetheless, like I suggested, I believe that this thread did start out with bitcoin's less than $10 and many of the then subscribers owning more then 10k btc.. So there is some perspective regarding whether we are targeting being "new wealthy elite, gentlemen" from an international or western perspective or if we are considering the same from a location that does not take as much capital in order to be considered a "new wealthy elite, gentlemen."

I think that is part of the reason why I also suggested that people attempt to put in as much as they can afford and without necessarily leveraging (though sometimes there could be additional profits from leveraging, so there is some gambling involved with taking such a leveraged approach to attempt to achieve "new wealthy elite, gentlemen" goals)

Definitely. The fact that it's posted by an anonymous person as well just makes this thread so special.

I definitely agree with you even now. Although some people may say that bitcoin has no future and the price is already at its highest, and it may never go higher again, I believe in otherwise. I believe in bitcoin, and I believe that whoever believes in it will get rewarded A LOT.